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FollowingBinance Futures has launched four new USDT perpetual contracts. These contracts include investments in Zcash ETFs and traditional technology stocks.
On October 12, 2026, Binance Futures officially introduced four new perpetual contracts that use USDT as margin. These contracts track the shares of Zcash ETFs, T-Rex 2X Long MSTR’s daily target ETF, Synopsys stock, and Redwire stock. This initiative allows cryptocurrency traders to participate in traditional financial markets without needing to open securities accounts or directly hold the underlying assets.
Details and listing times for these contracts:
According to Binance’s official announcement, these four synthetic perpetual contracts are named ZCSHUSDT, MSTUUSDT, SNPSUSDT, and RDWUSDT. They will go live at 09:00 UTC on the same day, with each new contract pair becoming available five minutes after the previous one.
- ZCSHUSDT: This contract tracks the shares of the Zcash ETF listed on the NYSE Arca exchange (code: ZCSH). This contract allows traders to indirectly hold privacy coin Zcash through a regulated fund, rather than directly holding the tokens themselves.
- MSTUUSDT: This contract tracks the T-Rex 2X Long MSTR daily target ETF listed on the Cboe BZX exchange (code: MSTU). This ETF already has a double daily leverage applied to the Strategy Company stocks owned by Michael Saylor. Binance has added additional leverage to this contract.
- SNPSUSDT: This contract tracks the common stocks of Synopsys, a chip design software company listed on NASDAQ (code: SNPS).
- RDWUSDT: Tracking the performance of Redwire Corporation (symbol: RDW), a space infrastructure company listed on the New York Stock Exchange.
The launch of this series of products marks Binance’s significant expansion into the traditional financial perpetual contract market. Its scope has expanded from cryptocurrencies to mainstream technology stocks and aerospace-related companies.
Contract specifications and funding rate mechanisms:
All four contracts share the same trading specifications:
- Minimum price fluctuation unit: 0.01
- Minimum trade size: 0.01 units of the underlying asset
- Minimum nominal value: 5 USDT
- Maximum leverage: 20 times
- Funding rate limit: ±2.00%
- Settlement frequency: Every 8 hours
It’s worth noting that Binance has exempted these contracts from the usual rule that requires shortening the settlement interval from every 8 hours to every 1 hour when the funding rate reaches the upper or lower limit. This mechanism is typically used to prevent prices of perpetual contracts from deviating too much from the value of the underlying assets during periods of extreme supply-demand imbalances. However, since the underlying assets of these contracts are only traded during US stock trading hours, and Binance’s perpetual contracts offer 24/7 trading services, traders can open positions during times when the actual shares are not available for trading.
Risk warnings and compliance guidelines
Binance clearly stated in its risk disclosure notice that the prices of digital assets are highly volatile. Futures trading involves significant market risks, and traders may face forced liquidations due to adverse price movements. Additionally, the exchange reserves the right to modify or cancel listings at any time, without prior notice. The availability of these products may vary across different jurisdictions. Specifically, users in the European Economic Area are subject to certain regulations imposed by the MiCA framework and related restrictions on unauthorized stablecoins.
